Robinhood's Crypto Customers Can Now Trade Aave and Tezos

The popular trading app now offers 19 crypto assets.

AccessTimeIconOct 24, 2022 at 2:35 p.m. UTC
Updated Oct 24, 2022 at 9:30 p.m. UTC

Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.

Trading app Robinhood Markets (HOOD) has added support for cryptocurrencies aave (AAVE) and tezos (XTZ) to its platform, the company announced on Twitter on Monday.

  • The native crypto currency of decentralized lending platform Aave, AAVE, has gained 7% over the past 24 hours and is up 18% in October. The token is down 75% over the past year.
  • XTZ was little changed on Monday and is down modestly this month. It has also dropped roughly 75% over the past year. An open-source smart contract platform used to issue new digital assets and create decentralized applications (dapps), Tezos recently announced a partnership with Shopify.
  • Robinhood now offers 19 crypto tokens for trading on its app, including bitcoin (BTC), ether (ETH), Solana's SOL and Polkadot's DOT.

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Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.

CoinDesk - Unknown

Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.